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Pleo Developer Ugobe Files For Bankruptcy

Writing by Evan Ackerman on Tuesday, 21 of April , 2009 at 2:37 am

Pleo

It’s a sad, sad day for robot dinosaur lovers everywhere as Ugobe has filed for bankruptcy. And not the happy kind of bankruptcy where you get a bunch of government bailout cash… The sad kind of bankruptcy where all of the employees get fired and everything gets sold off. This is especially disappointing considering that just a few months ago, Ugobe was talking about releasing a new product this year.

I won’t speculate on why Ugobe went under, besides that they had a pretty awesome but relatively expensive luxury product at a time when the economy really couldn’t support it… And there may have been other internal factors related to management and product development as well. Okay, fine, I speculated. But I think the best that we can hope for at this point is that someone buys Ugobe’s intellectual property and does something with it, that the current Pleo firmware is stable, that somehow the Pleo forums get back up and running, and that whoever liquidates Ugobe’s property will somehow sell me a a Pleo for cheap.

Pleo is currently $245 with free shipping from Amazon. While supplies last, obviously.

VIA [ Engadget ]

Comments (4)

Category: Consumer,Toys

4 Comments

Comment by ChiefRobot

Made Tuesday, 21 of April , 2009 at 6:49 pm

Amazon is currently listing Pleo for only $99. Looks like his days are numbered.

Comment by Evan Ackerman

Made Wednesday, 22 of April , 2009 at 2:36 am

Um, did you mean $199? If you found it somewhere for $99, good god man, post a link…

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Comment by paving reading pa

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